Thread regarding International Game Technology layoffs

In a nutshell (repost)

Many companies employ a strategy which ends in the demise of the business. Welcome to the Wall Street run economy, where buying a company for the express purpose of loading it with toxic debt, then IPO'ing the company using "Non-GAAP" accounting before it implodes.

Whole plan is to extricate the wealth, then do it again with debt, then sell it to unsuspecting investors.

Yes, thats the plan since 2009, but they call it "The Recovery."

Too bad that 99.99% of people are busy watching American Idol and Home reno shows so they have no idea what's going on or what comes next. Whole lot of people gonna be crucified in a single day...

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